Tuesday, July 25, 2017

Over the past months we have seen the KLCI approaching the target of 1800 but never quite breach that mark and since then it has tumbled to the current range of 1760.. In that period of time we have seen a lot of stock/share regaining their prices and some even posted their new high.

However stock prices have since slid below their highest attained and with no catalyst in the immediate sense, I believe it is about time to take profits again and minimise our positions in the stock market....
I don't really like what I'm seeing in the market in terms of prices and volume...
Happy trading then...

Wednesday, May 13, 2015

It's been two months since my last posting and I'm still bearish about the Malaysian stock market. Sure we did see the KLCI index peaked again in late April to 1850 but since then has tumbled to slightly below 1800..

I have been reducing my stock holding aggressively and now sit on an investment portfolio of 30% stocks and 70% cash. The liquidity will sure comes in handy should there be a global stocks sell off or a severe and violent market correction..

Previous months and recent trades includes Hap Seng (overvalued at RM4.30), KSL (still like this one at 1.80), Tambun (earnings will be affected), Scientex (still ok at RM6.80 range), Paramount (neutral at RM1.62 with 5c dv in June), Luxchem (overvalued at 1.12), Maybank (positive at RM9.30), Insas (undervalued at 92c), L&G and IGBreit (positive) ...

Tuesday, March 10, 2015

Sold some shares of KSL at RM2.35 and on announcement of quaterly earning, the shares price plunged close to RM2 before slowly ascending to 2.15
Sold Tambun shares heavily at RM1.93 before it slid to 1.73
Shares price today recovers to 1.87

KSL shares price has surged to RM4.70 while HapSeng keeps going up to almost RM4.50
Lets see if HapSeng will increase their half yearly dividend from 10 sen ...
Luxchem (nta115, Qeps 3.8/ 3.3/ 4.6/ 3.8/ 3.7/ 4.6) shares price rose to RM1.80 on proposal of bonus shares issue
YTLReit in news on improving earnings. Anyone who misses out on buying other REITS can still accumulate this one as YTLReit pays 6.9 sen on current price of RM1.03 (dy = 6.7%)

Monday, October 20, 2014

DIGI posted its latest Qeps of 6.2 sen and a dividend of 6.26 sen going ex on 5th November.
Looking at the six quarters of earning (Qeps 4.9/ 5.8/ 7.1/ 6.2/ 6.4/ 6.2) and dividend (Qdps 4.8/ 5.7/ 7.0/ 6.2/ 6.4/ 6.26), it certainly look like the earnings and the dividends are stagnant; not going to improve a lot.. Currently trading at RM5.95 with a trailing PE of 595/25.9 = 23 and dy of 25.9/595 = 4.3%, it certainly doesn't look very attractive holding DIGI for dividends..

Maxis has not announce its Qeps but looking at previous Qeps 7.0/ 6.3/ 3.9/ 6.4/ 5.9 and Qdps 8/ 8/ 16/ 8/ 8c, its now trading at RM6.62 with a traling PE = 662/ 22.5 =29 and dy = 32/662= 4.8% assuming Maxis will reduce its annual dividends from 40 to 32 sen,,

Prefering REITs now over telco: DIGI or Maxis which has PE ratio > 23
Will accumulate REIT and sell telco on strength